Taxpayers will still be able to file a paper return if they choose, but HMRC will encourage those who are able to file online to do so.
Millions of people across the UK could benefit from the new Self-Employed Income Support Scheme.
The Chancellor of the Exchequer: “We are working round the clock to do whatever it takes to protect our people and businesses. That means that we are not only taking unprecedented action but doing so at unprecedented speed, because we know that businesses and their employees need help now.”
Larsen Howie: ‘We’d like to stress that the legislation has been delayed, not cancelled; any investments you’ve made or are making in getting ready for the reform will not be wasted and will stand you in good stead versus competitors who are burying their heads in the sand’.
IPSE: ‘Coronavirus is not only a health crisis, but an income crisis that threatens the self-employed in particular’.
Sterling: ‘Robust screening processes and confirmation of an individual’s previous work experience are crucial for a huge number of roles, regardless of the level of the individual’.
With the government unveiling its action plan to deal with the Coronavirus threat, it has highlighted that at the peak of this event, a fifth of workers could be absent from work.
Overall business confidence remained at 23%, having increased for five consecutive months to January’s 14-month high.